The Caelus discovery at Smith Bay could lead to a significant increase in oil production on the North Slope. IMAGE COURTESY OF CAELUS ENERGY Julie Stricker Discoveries, production increases lead to industry optimism While oil prices are expected to remain low for at...

AB STAFF The West McArthur River Unit, operated by Glacier Oil & Gas, currently produces oil that is now being processed at the Kustatan production facility; in summer 2018 Glacier Oil & Gas is planning to drill at their Sabre oil prospect, located just...

Darryl Jordan The BP-operated Prudhoe Bay oilfield has surpassed 12.5 billion barrels of production. Prudhoe Bay’s large-scale enhanced oil recovery includes the use of enriched gas and re-injecting 8 billion cubic feet of produced natural gas each day from the...